AW) and will work with Stellantis to develop international markets. Li Auto unveiled its first BEV SUV, the Li i8. The company also announced its autonomous driving architecture, MindVLA, and its in-house developed operating system, Li Auto Halo OS. XPeng is entering the range extender EV field and jointly developing E/E architecture with Volkswagen. The company is mass-producing its in-house developed AI semiconductor "Turing" and installed it i...

Market & Tech Reports  Updated at: 2025/07/14

Mexicana, commented that "these reports are merely speculation and are not based on official information," and reiterated the previously announced plan to consolidate production of the Frontier and Navara pickup trucks in Argentina at the Cuernavaca plant.   Meanwhile, COMPAS in Aguascalientes, a joint venture (JV) facility between the Mercedes-Benz Group and Nissan, produces the QX50 and QX55 midsize SUVs under the Infiniti brand, which are sc...

Market & Tech Reports  Updated at: 2025/07/11

million units, up 10.8% y/y. Luxury car retail sales volumes totaled 230,000 units, down 7% y/y. Retail sales volumes of domestic brands totaled 1.34 million units, up 30% y/y. Domestic brands had a market share of 64.2% of the total, up 5.6 percentage points y/y Retail sales volumes of mainstream joint venture brands totaled 510,000 units, up 5% y/y. Specifically, German brands had a retail share of 16.1%, down 2.4 percentage points y/y; Japane...

Market & Tech Reports  Updated at: 2025/07/10

d electric oil pump for lubrication and cooling of the company's e-Axle. These parts are also produced in France and other countries in Europe. In October 2024, Valeo Group announced an expansion of its partnership with TotalEnergies SE at the Paris Motor Show 2024. The two companies are working on joint development of an immersion cooling solution (liquid dielectric) since 2022, and are currently conducting field tests to confirm performance dur...

Market & Tech Reports  Updated at: 2025/07/08

t permit･ City fare charging permit: 1Q 2024 ･ In December 2020･ In July 2021･ Beijing-Tianjin-Hebei region tests･ Beijing and Tianjin Key customers ･ Logistics companies: Sinotrans･ Truck OEMs: Sany (leading truck producer) ･ Started in December 2021･ May 2022: L4 development Joint venture ･ With Sinotrans: Co-own Cyantron ･ Pony AI owns 51% Source: Pony AI Data; Compilation: Egil Juliussen, May 2025   Pony AI cur...

Market & Tech Reports  Updated at: 2025/07/03

42,797 ・New programs, price hikes, and the acquisition of Veoneer, Inc. led to an increase in revenues.・ Acquired HE System Electronic GmbH (now Magna Power Modules Veitsbronn (MPMV), a manufacturer of ultra-compact electronic assemblies for industrial and automotive applications. Established a joint venture (JV) for the car body business in India, and expanded and built new research facilities in the U.S. 4 4 Hyundai Mobis Co., Ltd. 41,946...

Market & Tech Reports  Updated at: 2025/07/02

this year's motor show, the company held the world premiere of the luxury MPV concept car Vision V, based on the VAN.EA EV (electric vehicle) platform, and unveiled the CLA L, a long-wheelbase BEV developed for the Chinese market. This model is equipped with MB.OS developed in-house.   SAIC-GM, a joint venture between General Motors and SAIC Motor Corp., Ltd., announced that it will release more than 10 NEV models, including BEVs, PHEVs, and ra...

Market & Tech Reports  Updated at: 2025/06/30

makes a walk-through van-style stress-free cargo area. Walk-through van with a flat cargo area made possible by a specially designed chassis The 70kWh capacity lithium-ion battery is manufactured by BYD.   Isuzu: Battery storage system for the “Elf EV” electric truck   At the booth jointly exhibited by Isuzu Motors Ltd. (Isuzu) and UD Trucks, the Elf EV Walk-through Van, developed based on the ELF EV, was on display as a referenc...

Market & Tech Reports  Updated at: 2025/06/27

ineers (ÖVK) and the Institute for Powertrains and Automotive Technology (IFA), Vienna University of Technology, Slide: Copyright © Bosch)   To meet China's fuel cell market needs, particularly for commercial vehicles, the company has established Bosch Hydrogen Powertrain Systems Co., Ltd., a joint venture with Qingling Motor, to develop and manufacture fuel cell power modules in China.   Components like fuel cell stacks, air compressors, ...

Market & Tech Reports  Updated at: 2025/06/20

mit changes from 80mg/km → 60mg/km. Total hydrocarbons (THC), which were previously outside the regulatory scope, will be regulated at 100mg/km.   Also in April 2022, the European Commission announced that, in response to the diesel fraud scandal, two new laboratories had been established at the Joint Research Center (JRC) in Ispra (northern Italy) to strengthen automotive emissions testing capabilities for the EU market. This has made it poss...

Market & Tech Reports  Updated at: 2025/06/19

OCORP intends to complete the plant in 2025. KGM (Korea) + Pindad (Indonesia) On May 13, 2025, Korea’s KG Mobility (KGM) announced the signing of a Head of Agreement (HOA) with PT Pindad, Indonesia’s state-owned defense company, to expand cooperation on KD supply of the Rexton midsize SUV and joint vehicle development projects. KGM and Pindad will collaborate on Indonesia’s National Car Project and the local production of KGM’s EVs and ...

Market & Tech Reports  Updated at: 2025/06/13

ket has been relatively slow, the scale of the market has grown markedly, resulting in a significant increase in production and vehicle installations by battery manufacturers.   Going forward, the battery industry will see an increasing trend for automakers to either produce their own batteries or jointly produce batteries with related companies. For example, BYD established FinDreams Battery, Great Wall established SVOLT Battery, Geely establis...

Market & Tech Reports  Updated at: 2025/06/12

to develop a segmented market and meet diversifying needs. Core technologies in China under the "In China, For China" strategy   VW unveiled an advanced automated driving assistance system (ADAS) for China's complex and diverse road conditions. The system was developed over 18 months by CARIZON, a joint venture between CARIAD and Horizon, a Group-owned software company. In compliance with VW standards, the system promotes AI self-learning capabi...

Market & Tech Reports  Updated at: 2025/06/11

1 million units, up 9.1% y/y. Luxury car retail sales volumes totaled 200,000 units, down 18% y/y. Retail sales volumes of domestic brands totaled 1.26 million units, up 29% y/y. Domestic brands had a market share of 65.2% of the total, up 8 percentage points y/y. Retail sales volumes of mainstream joint venture brands totaled 470,000 units, down 5% y/y. Specifically, German brands had a retail share of 15.3%, down 3.3 percentage points y/y; Japa...

Market & Tech Reports  Updated at: 2025/06/10

otor show, Geely’s three brands Geely, Zeekr, and Lynk&Co exhibited a total of 34 smart car models. Also on display were NEV tri-electric (battery, motor, electric control) technology, the Flyme Auto smart cockpit system, smart security, and eco-friendly technology.   Horse Powertrain Limited, a joint venture (JV) powertrain manufacturing company between Geely and Renault, set up a separate exhibition booth and displayed a wide ranging engine ...

Market & Tech Reports  Updated at: 2025/05/30

prints. CryoPump station testing has been taking place at FirstElement's facility in Livermore, California for more than a year. Bosch launched a CryoPump station at the Port of Oakland in 2024 and is currently working with Hyroad Energy to launch another station in Texas in 2026.   Cellcentric, a joint venture of Daimler Truck and Volvo Group, announced additional details of its upcoming NextGen fuel cell system at ACT Expo 2025. The NextGen sy...

Market & Tech Reports  Updated at: 2025/05/29

arch 31, 2024, sales in the Americas market totaled JPY 50.6 billion, or about 30% of company-wide sales. In this segment, this was a loss of JPY 3.2 billion. In 1986, the first production facility in the Americas, Ambrake Corporation (Elizabethtown, Kentucky, USA), was established as a fifty-fifty joint venture with General Motors Corporation. In 1994, the company established Amak Brake L.L.C. (Glasgow, Kentucky) as a second production site in a...

Market & Tech Reports  Updated at: 2025/05/29

ce Agent, and Car Service Agent. The System Agent, the main entry point for interaction, can enable scenario-based services for 10 Agents through natural language. It can meet user needs in a variety of situations, including vehicle use, navigation, and family life.   Banma AI Box   Banma AI Box, jointly announced by Banma and UNISOC, can seamlessly integrate with the original vehicle system without modifying the vehicle's interior or wiring, e...

Market & Tech Reports  Updated at: 2025/05/28

realize SDVs. RISC-V is the key to achieving Software Defined Vehicles (SDVs) (Source: Infineon presentation materials) (Reference News) Infineon to introduce new automotive microcontroller family based on RISC-V (March 6, 2025)     RISC-V is the key to SDV realization, and through the joint venture Quintauris GmbH (established in 2023 with Infineon, Robert Bosch GmbH, NXP Semiconductors N.V., Nordic Semiconductor ASA, Qualcomm Techn...

Market & Tech Reports  Updated at: 2025/05/22

High Power Density Motors - Hybrid Development of MBD and Actual Motor Verification Interview with MCF Electric Drive (Mazda's advanced motor development joint venture) Summary Cooperative framework for the development and production of Mazda's electric drive units MCF Electric Drive overview Motor development goals Features of the Gen2 motor - Achieves power density of 8 kW/kg in a short period of time Characteristics of the development process ...

Market & Tech Reports  Updated at: 2025/05/20